What is the average length of time it takes to understand the processes and identify some of the hidden patterns in forex? - page 3
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So you can't say I used to count ))))
Whining "Jew" is pathetic :)
I just wanted to hear people's opinions and discuss them. i don't care about profit articles and state results)))) i just wonder how the process of market understanding and rethinking develops in people. and why most of the time is spent on rejecting common stereotypes in trading (that is imposed by various trainings), rather than on the desire to look at the system as a whole initially.
I see. You're not interested in the result, you're interested in the process? Ravin is a philosopher? )))
Tell me, would you rather watch a porno or fuck a chick in real life? ))))
I see. You're not interested in the result, you're interested in the process? Ravin is a philosopher? )))
Tell me, would you rather watch a porno or fuck a chick in real life? ))))
of course in kind))) but the process of hunting is interesting sometimes))))
What result can I expect from this thread? It's just a conversation about understanding the market if you like, without the burden of calculation)) There are other threads for mathematics.)
...i just want to hear people's opinions and discuss them. i don't care about the income articles or the results of the statements))) i just wonder how the process of market understanding and rethinking develops over time among people. and why most of the time is spent on rejecting common stereotypes in trading (which are imposed by various training courses), rather than on wanting to look at the system as a whole initially.
I was struck by something else, I am still amazed myself... As soon as I realized that I could get something from the market this activity practically ceased to be interesting for me and I abandoned it for almost a year. Why? Maybe I realised that you can't become a billionaire overnight... Maybe because earning money here is no easier than doing any other kind of work... Maybe for me it was just a puzzle which I've cooled down... I still don't understand it)
I agree )))) But this process is more about opening a position and waiting for a profit/loss, rather than thinking "on the desire to look at the system as a whole initially" ....))))
1. You have to take into account how much of the 10 years a person actually spends working in the stock market. Some allow themselves to spend 10-20 minutes a day, and some 2-4 hours. One has an experience of 300 hours ("one or two subjects"), the other - 15000 hours ("two or three majors"). Accordingly, the result will be different;
2. If the network includes professionals, that is one thing; if it includes amateurs, that is something else entirely. Communicating with professionals dramatically speeds up the process, many times over;
3. Let us assume that the person has higher education. Suppose one has studied higher mathematics. Higher mathematics gives a lot of tools for analysis and creation, but it does not give a single ready-made recipe.
Take Kolmagorov. The cleverest of souls. A great one. What is the "greatness"? Where are the specific recipes? There are no recipes.
Education was Soviet, i.e. fundamental, i.e. "depths" were studied. As it turned out, what was needed was not so much "depths" as "profile". The "depths" for some reason turned out not to be needed in the "current market conditions". Those who had learned the "depths" began to engage in the primitive - trading in pants, socks, books and things that do not physically exist;
4. "Genetics". According to my humble observations, representatives of three nationalities achieve the best results: /drawn out to avoid a sharp rise in temperature - Mathemat/. I won't go on ... be criticized;
5. Intention. I'm not sure that the same Prival had one when he was head of the department. The salary is there, there were no such plans. The intention came later. What if it had been there then? Back then, no one had it. Other "perspectives" seemed then;
6. The nonsense "laid out" on the internet. In fact, all systems work. At 48%. They just need to be fine-tuned. Refinement. One we improve, the other we spoil. And there's no way to do it without "messing up". It takes months and years. As a result, we get to the point where the original system changes drastically beyond recognition. And it works, but... It turns out that there is no grail... It turns out that we cannot achieve more than 50-100 per cent a year. It turns out that "it doesn't work month to month"...
There is no trend and no flat on forex - the game of probability. And no one has been able to ride it (probability) yet... Pure IMHO without any pretensions to truthfulness.
The other thing that struck me was that I am still surprised myself... As soon as I realised that I could get something from the market, I actually stopped being interested in this activity and abandoned it for almost a year. Why? Maybe I understood that you cannot become a billionaire overnight... Maybe because earning money is no easier than doing any other kind of work... Maybe for me it was just a conundrum which I got used to... I still don't get it.)
But the moment of anticipation before reaching the result (even though you know that the result will be successful) is also a kind of pleasure and we can prolong this moment (stretching of pleasure), so everything is delayed and postponed at a subconscious level.
Stupid counter-example (which I always give): classic turtle strategy, Eurodollar, diaries. Entry is a breakout of the Donchian 20-day channel, exit is a breakout of the ten-day channel in the opposite direction. That's it. PF ~= 1.9.
The main thing is to understand the process and see the situation as a whole, and then you can build your own TS on it.